MGU 0.00% 1.4¢ magnum mining and exploration limited

Ann: Positive Scoping Study Validates Buena Vista Iron Project, page-11

  1. 795 Posts.
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    just wondering where you're getting 378m USD from ?

    also the increase of annual production to 1.6mt

    = 1.6mt x 120 usd per tonne = $192m USD

    at a margin of 30% = 4 year payback
    https://hotcopper.com.au/data/attachments/5505/5505343-b3ab46df3a54f3b80fcf2e930cca0d82.jpg
 
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